In January, 730,000 TEU Empty Containers “Arrived” In Ningbo Port Affected by factors such as the epidemic, the country is severely affected by the shortage of containers. Recently, the “COSCO SHIPPING Stellar” vessel carrying 15,294 TEU containers slowly berthed at berth No. 6 of Ningbo Meidong Container Terminal Co., Ltd. What is encouraging is that this 200,000-ton-class large container ship is loaded with 13,469 TEU empty containers, alleviating the “near thirst” for empty containers in the Chinese market.
According to reports, in January, Ningbo imported about 730,000 TEUs of empty foreign trade containers, a net increase of about 160,000 TEUs compared to the monthly average of the fourth quarter of 2020, an increase of 28%; about 20 new imported empty container overtime ships berthed Secondly, the monthly average level increased by nearly 62% compared to the fourth quarter of 2020, effectively alleviating the urgent need for Ningbo’s container export to be “difficult to find”.
Under the influence of the epidemic in 2020, China’s foreign trade industry was relatively sluggish in the first half of the year and quickly recovered in the second half of the year. However, the efficiency of international logistics and overseas ports was subject to the impact of the epidemic. A large number of empty containers were backlogged in the United States, Europe, Australia and other places, and there was a large shortage of containers in the market. As a result, shipping rates have increased, and prices on popular routes have even doubled.
Driven by the continuous increase in freight rates, foreign trade companies’ rush to ship goods further intensified the increase in freight rates and the tightness of containers. Therefore, since the second half of 2020, shipping capacity has been in short supply, and “a box is difficult to find” has become a troublesome factor for many foreign trade companies.